SelecTV, the company that was chosen two years ago by French media regulator the CSA to launch a video-on-demand service via the country’s digital-terrestrial platform, has teamed up with South African set-top maker Altech in a 50:50 joint venture for the service.
SelecTV must launch its service by this summer. The service is seen by the CSA as a means to revive pay TV on the digital terrestrial platform. SelecTV was itself a spin-off of digital-terrestrial pay TV provider TV Numeric, which went into receivership last October with about 35,000 subscribers.
Altech will reportedly take a 50% stake in Gizeh, a holding company that will control 100% of the capital of SelecTV. The latter plans to sell a DVR decoder for a relatively low price and a monthly subscription on top. SelecTV has deals in place with four US studios and a number of French content providers.
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19 September 2020 @ 17:00:01 UTC